Trade Flock Magazine – Solar Panels Import from China

Solar Panels Import from China

Solar Panels Import from China, Solar energy is the most promising renewable source of energy and China is making it more affordable and convenient as China produces solar panel at lowest prices globally. For the last few years, China has been presented as the largest producer of solar panel provider. China produces half of the world’s total solar panel and a maximum of these are exported globally. Trading solar panel worldwide, China has a significant impact on pricing, specifications, warranties, and manufacturing process. Poly-silicon solar panels are the largest producer in China. The majority of the solar panel companies is located in China because of the abundant poly-silicon and low production costs. For example, take Sun Power, an American company and a popular brand for solar panels sources most of its production from China. Chinese solar manufacturers offer solar panels in all ranges in quality such as economy, standard, and premium because of the incredibly low cost of production and availability of raw materials. China’s skilled and cheap labor makes it possible to invite companies to move to China where they received tax credits instead of paying taxes and resulting in building up the world’s largest solar manufacturing hub and today China is dominating the solar market in PV installation as well as total installed capacity.

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